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$4,200,000price
Beds
Total Baths
8,844Sqft

This is a rare opportunity to purchase a value-add multifamily property in the epicenter of Hollywood. The building is two stories, constructed of woodframe and stucco on a large lot with excellent zoning. Rents are well below the proven, current market rents for the area and offer tremendous upside potential. There is abundant parking and no soft story or tuck-under parking. The secured property features a laundry room, camera system and outdoor seating.

Listing Details

Essential Information

MLS® #: 17262536
Price: $4,200,000
Bathrooms: 0.00
Square Footage: 8,844
Year Built: 1950
Type: Income
Status: Pending

Community Information

Address: 1847 N Cherokee Ave
Area: Hollywood (C20)
City: Los Angeles (City)
County: Los Angeles
State: CA
Country: UNITED STATES OF AMERICA
Zip Code: 90028

Amenities

Parking Spaces: 14

Interior

Appliances: Refrigerator
Heating: Wall Gas
Cooling: Wall Unit(s)
# of Stories: 2

Additional Information

Date Listed: August 18th, 2017
Days on Market: 48
Zoning: LAR4
HOA Fees: 0.00

Financials

$/SqFt: $475
Listing Agent: Bryan Glenn (01441095)
Listing Office: Charles Dunn Company Inc
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Last updated on November 20th, 2017 at 5:19am PST